Eligible Vehicles

• Any new and Near New Volkswagens (see Near New Vehicle Definition*)
• Volkswagen Certified Pre-Owned vehicles (Retail Financing only)

Eligible Programs and Customer Benefits

• Leasing: Security deposit is not required (paid by Volkswagen Credit); VWoA will pay the first month's payment (limited to $800.00)
• Retail Financing: VWoA will pay the first month's payment (limited to $800.00)
• Driver's Option: VWoA will pay the first month's payment (limited to $800.00)

Requirements
The dealer must provide the following information for each applicant prior to approval:

• Must be within six months of graduation or have graduated no more than 24months prior to the delivery date of his/her credit application, from a 2 - 4 year accredited U.S. or Canadian College or University with one of the following degrees:
  • Associate's
  • Bachelor's
  • Master's
  • Doctoral
  • Nursing degree (RN or LPN)
• Written verification of graduation status is required via copy of diploma or official letter from the University Office of Records and Registration with official signatory affixed thereto
• Must provide phone number of school's Registration Office.
• Monthly Payment cannot exceed 25% of gross monthly income.
• Employed full-time or have verifiable commitment of employment from future employer within four months. (Pay stub or job letter). Must provide a contact name and phone number for someone in the Payroll or Human Resources Department of the applicant's employer or future employer.
• No credit history required; however, established history must be in good standing and have no previous derogatory credit.
• Must provide two personal references of individuals residing in the United States who can be contacted directly.
• Signed Credit Application
• Qualification under this program is subject to verification prior to approval
• Advance is subject to normal A Tier Quality Advance Parameters.

Retail and Driver Option
Rates
Please refer to the current Volkswagen Credit Bulletin for retail net rates. This customer qualifies at the "A" level for retail financing.

If these are special programs in place at the time of contracting, the customer will qualify for subverted rates (please refer to current rate bulletins).

Terms
All terms 12 through 60 months (up to 48 months on Drivers Option) or as specified on the Volkswagen Credit Bulletin.

Dealer Reserve
No markup is allowed on the buy rate. Flat dealer reserve is paid for contracts written at the published net rate (unless otherwise noted). The flat amount is based on the amount financed. From time to time, special programs may exclude payment or alter the amount of flat reserve. Flats are paid in the month the contract is funded and will appear on your dealer reserve statement. There are no chargebacks.

Lease
Rates
Please refer to the current Volkswagen Credit Bulletin for lease rent charge factors. Dealer participation is not available when using the College Graduate Plan. This customer qualifies at A Tier.

If there are special programs in place at the time of contracting, the customer will qualify for subverted rates (please refer to current rate bulletins).

Terms
Terms are 12 through 48 months.

Special College Grad Lease Offer
College graduates who qualify under this program will have the first monthly payment paid by WVoA (limited to $800.00) and the security deposit paid by Volkswagen Credit. Indicate "$0" on the line next to Refundable Security Deposit(s). If the first month's payment is $800.00 or less, it should be disclosed as usual on the line titled First Monthly Payment. Please an asterisk next to the payment dollar amount and in the white space in the Itemization of amount due at Lease Signing/Delivery section place an asterisk with the words "Paid by the Manufacturer". If the payment amount is greater than $800.00, use the wording of $800 paid by manufacture after the Asterisk